SURPLUS PROPERTY MANAGEMENT TOOLS. Presented by: Brenda Tesch, Cal Poly San Luis Obispo. Topics. Contracting & Procurement Policy Manual Statement Disposing of Surplus Property Selling Surplus Property Public Auctions eBay Public Surplus Cal Poly Surplus Property Sales.
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Cal Poly San Luis Obispo
SECTION 600 - SALE, LEASE, LICENSE, AND DISPOSAL OF CSU PERSONAL PROPERTY AND SALE OF CSU SERVICES
601. RELEASE OF CSU-OWNED PERSONAL PROPERTY (Rev. 5/20/05)
Reference: California State Constitution Article 16, Section 6; Executive Orders 409b; Education Code Sections 89048(d; Public Contracts Code 12102(i).
CSU-owned tangible goods, supplies, equipment, or materials that have been determined to be surplus to CSU’s needs may be sold or released in a manner that will best serve the interest of the CSU. Such sales must be for a fair market price. Sale methods include, but are not limited to, auction or other competitive bidding or transfer to other governmental entities. Such property may, however, be scrapped or otherwise disposed of and surveyed from CSU property records whenever the property is documented to have no remaining market value or practical use to the CSU.
Methods of Disposal of Surplus Property:
Annual Public Auction $25,000
Annual sales throughout the year $67,000
Annual sales throughout the year $106,000
Projected annual sales throughout the year: $100,000